Market maker GSR increased Bitcoin's weight in its Core3 model portfolio on August 5 as cryptocurrency markets experienced significant declines, with Solana falling over 40% year-to-date and the overall portfolio down 57.8% annually. The adjustment comes as cryptocurrencies fail to keep pace with global equities hitting record highs.
Nasdaq-listed crypto treasury company ZeroStack disclosed in a regulatory filing that substantial doubt exists about its ability to continue operating over the next year, reversing its assessment from three months earlier following significant cryptocurrency losses.
Sharp price swings in bitcoin and ether resulted in nearly $286 million in liquidations on July 30, 2026, even as both cryptocurrencies remained relatively flat over the 24-hour period, highlighting the impact of intraday volatility on leveraged positions.
Multiple users reported stuck withdrawals from cryptocurrency exchange AscendEX, with blockchain investigator ZachXBT stating the platform's known hot wallets hold insufficient funds to cover user balances, suggesting possible liquidity issues.
Crypto treasury company BitMine purchased over 101,000 ETH for $236 million, continuing aggressive accumulation despite holding $6.5 billion in unrealized losses. The company has bought more than 5 million ETH in 10 months.
Aave's total value locked plunged $8 billion in 24 hours following the Kelp DAO exploit, with risk managers modeling two bad debt scenarios as users withdrew billions. The AAVE token fell nearly 20% to $89.50 amid contagion fears.
Chaos Labs, a key risk management provider for Aave, announced its departure from the DeFi protocol following disputes over governance and the upcoming V4 upgrade. The exit follows recent departures of other major contributors including BGD Labs and ACI.
